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The Boring Company event sneak peak: venue, tunneling machine, completed watchtower

(Photo: Tom Cross/Teslarati)

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After months of operating underground, The Boring Company is coming to the surface with the unveiling event of its test tunnel in Hawthorne, CA. The Boring Company is set to livestream Tuesday’s opening party, as Elon Musk presents what could very well be the first step towards a future connected with ultra-high-speed tunnels.

The Boring Company’s tunnel unveiling event is poised to feature a lot of fun,  lighthearted activities, as represented by the multi-story medieval watchtower constructed on the opening party’s venue. The idea of the watchtower came from one of Elon Musk’s playful Twitter sessions, where he announced that the tunneling startup would be building a watchtower on the Los Angeles site, where a person dressed as a knight would be tasked to “yell insults at people in a French accent” to passers-by — a reference to one of the most memorable scenes in the classic comedy film Monty Python and the Holy Grail.

The Boring Company’s completed watchtower. (Photo: Pauline Acalin/Teslarati)

The watchtower was constructed in a quick and clever manner, with the Boring Co. utilizing a metal framework overlaid with pre-made sections of Boring Bricks. Teslarati photographer Pauline Acalin has followed the tower’s construction over the past couple of weeks, and returning to the site on Monday, she was able to capture images of a fully-constructed watchtower, complete with wooden window shutters and more refined brickwork.

Driving by the site on Monday night, Pauline and fellow Teslarati photographer Tom Cross were able to capture more images of the opening party’s venue. Pictures and video taken of the site reveal that The Boring Company is already setting up the lights and the sound system for the event.  Some details of Elon Musk’s completed Monty Python-style watchtower, such as torches on both sides of the structure’s wooden doors, could also be seen. Furthermore, The Boring Company appears to have laid some accent lighting on a tunnel boring machine currently under construction, which is set to be utilized for its high-profile Chicago tunneling project.

The venue for The Boring Company’s opening event on Tuesday, December 18, 2018. (Photo: Tom Cross/Teslarati)

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The Boring Company’s test tunnel unveiling event on Tuesday stands as a milestone for the young startup. Elon Musk, for one, noted in a tweet earlier this month that the December 18 product launch will be “more than a tunnel opening.” Seemingly teasing some progress on a garage-elevator concept that the company is building near the SpaceX headquarters, Musk also stated that the event would “include modded but fully road legal autonomous transport cars & ground to tunnel car elevators.” Free test rides would be offered to the public after the tunnel unveiling event as well.

While The Boring Company is considered more as one of Elon Musk’s more fun hobbies, the startup has been extending its reach nonetheless. The company, for one, beat out more experienced rivals when it was selected to construct a high-speed transport line that would connect downtown Chicago to O’Hare airport. Recent permits from Hawthorne also reveal that The Boring Company is opening The Brick Store, a physical location that will sell Boring Bricks, which could be used for fun projects or low-cost construction and are made from tunneling rock.

Be sure to follow along on Twitter as we take you behind the scenes at The Company unveiling. For now, enjoy this 6-minute footage from Tom and Pauline as they scouted the site of tonight’s opening party.

https://twitter.com/_TomCross_/status/1074869183454691329

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Tesla Cybercab gets a for sale date at last

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Credit: Tesla

Tesla Cybercab units finally got a definitive date for when they will be able to be purchased by consumers, ending speculation regarding whether the fully autonomous vehicle would be available in the near term.

During Tesla’s third-quarter 2026 earnings call on October 21, Vice President of Engineering Lars Moravy said the company is aiming to begin delivering its purpose-built Cybercab robotaxi to customers before year-end.

“We’re trying to get Cybercabs to customers by the end of this year, 2026,” Moravy said. He added that production is underway on the line at Gigafactory Texas, but “all of those are currently going to our own internal Robotaxi fleet.”

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Moravy explained that as operations scale, Tesla will “mainly deliver fully designed autonomous vehicles to our customers,” with the Cybercab as the first such vehicle. Initial customer deliveries will start small while the company gains experience with delivery logistics, ownership models, fleet management, and operating autonomous vehicles outside its direct control.

CEO Elon Musk reinforced the limited nature of private sales, describing the Cybercab primarily as a “transport-as-a-service” offering rather than a personal ownership vehicle like the Model 3, Model Y, or upcoming Roadster. “The vast majority of the Cybercab stuff will be Tesla-owned and transport-as-a-service,” Musk said.

The Cybercab is a two-seater vehicle developed by Tesla without a steering wheel or pedals. It relies completely on Tesla’s Full Self-Driving suite and has been in production since February. Early units have been put in Tesla’s Robotaxi service as of early September, when the company launched rides to the public. Tesla previously indicated it would aim to sell Cybercabs for about $30,000.

Unsupervised Full Self-Driving is expected to ship to consumer cars during Q2 2027, Ashok Elluswamy, Tesla’s Head of AI, indicated during the call. Early buyers or fleet operators may receive vehicles whose autonomous operation remains geographically restricted due to lagging regulatory agencies. There are some hurdles that remain ahead of Cybercab deliveries.

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Elon Musk

Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS

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Tesla (NASDAQ: TSLA) reported its earnings for the third quarter of 2026, marking a reasonable performance on the various financial metrics. Tesla still plans to hold a call that will field investor questions at 5:30 p.m. ET, 4:30 p.m. CT.

Here’s where Earnings came in:

  • Total Revenues: $28.046 reported vs. $28.34B expected
  • Non-GAAP EPS: $0.48 reported vs. $0.45 expected
  • Operating Margin: 2.6 % reported vs. 2.5% expected
  • Operating Income: $718M reported vs. $721M expected
  • Free Cash Flow: $1.531B reported vs. ~-$4.51B expected

Major Takeaways

Full Self-Driving (Supervised)

“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets.”

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Tesla Semi

“We began volume production of Tesla Semi, our Class 8 heavy-duty truck. The top variant can go 500 miles at full 82,000 lbs gross combination weight while achieving an efficiency of 1.7 kWh/mile. That efficiency allows the Tesla Semi to use a third of the energy used by a comparable diesel truck to haul the same payload. In a transportation market where energy is one of the largest components of total cost per mile, this will provide a meaningful advantage to Tesla Semi operators.”

SI Compute

“We plan to reach 400 MW of SI training compute by the end of the year, supporting the development of both vehicle and humanoid robot autonomy software. Additionally, we continued construction for the Austin Fab, where we plan to start commissioning equipment in 2027.”

Robotaxi

“We began deployment of Cybercab into our Robotaxi fleet in Austin. We reached nearly two million cumulative unsupervised miles for our Robotaxi service as of the end of the quarter. Operating hours in Austin are now 6am to midnight, and we expect to reduce wait times via increased fleet supply and improvement of Robotaxi orchestration algorithms. Grok is available in Cybercab with access to Grok Bot and Connectors, which allows users to manage their inbox, calendars, files, chats and tasks – all hands free via voice command – making Cybercab a mode of transport, a productivity space and, with our entertainment options, a second living room.”

Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.

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Investor's Corner

Tesla reports Q3 Earnings today: here’s what to expect

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Credit: TechOperator | X

Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.

Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.

Tesla showrooms picked clean ahead of Q3 end as demand looks strong

For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:

  • Total Revenues: $28.34B
  • Non-GAAP EPS: $0.43
  • Operating Margin: 2.5%
  • Operating Income: $721M
  • Free Cash Flow: ~-$4.51B

Here are a few things we are looking forward to hearing about on the call:

Automotive Gross Margin and Overall Profitability

This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.

Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.

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Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress

The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.

Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.

Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for

Say Investor Questions

  1. How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
  2. When can we anticipate FSD unsupervised in customer cars?
  3. When will the CyberCab be available for customer purchase/ownership?
  4. What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
  5. Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?

The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.

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